News stories about SVB Financial Group (NASDAQ:SIVB) have been trending positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SVB Financial Group earned a coverage optimism score of 0.42 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.7298314020057 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
SVB Financial Group (NASDAQ:SIVB) traded down $0.06 during mid-day trading on Monday, hitting $248.81. 359,463 shares of the company were exchanged, compared to its average volume of 427,429. SVB Financial Group has a 1 year low of $159.44 and a 1 year high of $263.09. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market capitalization of $13,120.00, a price-to-earnings ratio of 27.04, a PEG ratio of 1.63 and a beta of 1.49.
SVB Financial Group (NASDAQ:SIVB) last posted its earnings results on Thursday, January 25th. The bank reported $2.19 earnings per share for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.41). SVB Financial Group had a net margin of 24.25% and a return on equity of 12.83%. The business had revenue of $545.97 million during the quarter, compared to analysts’ expectations of $523.45 million. During the same period last year, the business posted $1.89 earnings per share. research analysts anticipate that SVB Financial Group will post 13.85 EPS for the current fiscal year.
In other SVB Financial Group news, insider Gregory W. Becker sold 9,511 shares of SVB Financial Group stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $232.68, for a total transaction of $2,213,019.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Benhamou sold 2,000 shares of SVB Financial Group stock in a transaction on Friday, December 1st. The stock was sold at an average price of $226.01, for a total transaction of $452,020.00. The disclosure for this sale can be found here. Insiders have sold 17,186 shares of company stock valued at $4,057,749 over the last ninety days. 0.73% of the stock is owned by insiders.
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About SVB Financial Group
SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.
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